5 posted on January 26, 2015 at 6:45:57 PM EST by wally_bert (There are no winners in a game of losers. I'm Tommy Joyce, welcome to the Oriental Lounge.)[ Post Reply | Private Reply | To 1 | View Replies]To: Libloather....Off...

6 posted on January 26, 2015 at 6:46:18 PM EST by Vendome (Don't take life so seriously-you won't live through it anyway-Enjoy Yourself ala Louis Prima)[ Post Reply | Private Reply | To 1 | View Replies]To: LibloatherWill still be a big company but the fact they had to lay off that many people at once suggests that the company was not being managed properly. The ones in charge should put their own names on top of this list.

7 posted on January 26, 2015 at 6:46:19 PM EST by SamAdams76[ Post Reply | Private Reply | To 1 | View Replies]To: Libloather2015 is going to be a year of reckoning.

8 posted on January 26, 2015 at 6:46:43 PM EST by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)[ Post Reply | Private Reply | To 1 | View Replies]To: LibloatherI’ve Been Moved.

11 posted on January 26, 2015 at 6:49:00 PM EST by Veggie Todd (The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants. TJ)[ Post Reply | Private Reply | To 1 | View Replies]To: LibloatherSo how many people does Obama need to drop out of the labor force entirely to offset this?

12 posted on January 26, 2015 at 6:50:27 PM EST by sphinx[ Post Reply | Private Reply | To 1 | View Replies]To: LibloatherLet’s wait and see. Could be making this announcement just to boost stock prices and then all of a sudden they’ll only need to lay off half that number.

14 posted on January 26, 2015 at 6:51:00 PM EST by onyx (Please Support Free Republic - Donate Monthly! If you want on Sarah Palin's Ping List, Let Me know!)[ Post Reply | Private Reply | To 8 | View Replies]To: LibloatherObummer will finish with lower ratings than ANY Prez in US history, if there is still a US.

16 posted on January 26, 2015 at 6:51:30 PM EST by Steve_Seattle[ Post Reply | Private Reply | To 1 | View Replies]To: LibloatherBiggest corporate lay-off in history is expected within days, with IBM believed to be scrapping 110,000 of its 430,000 workforce around the worldPFL

17 posted on January 26, 2015 at 6:52:56 PM EST by Alex Murphy ("the defacto Leader of the FR Calvinist Protestant Brigades")[ Post Reply | Private Reply | To 1 | View Replies]To: LibloatherNot to worry....they can get a good job at McDonalds making minimum, and shortly Obama will raise it to $10 so they can raise a family.

18 posted on January 26, 2015 at 6:54:25 PM EST by xzins ( Retired Army Chaplain and Proud of It! Those who truly support our troops pray for victory!)[ Post Reply | Private Reply | To 1 | View Replies]To: Libloatherbest wishes to good ones laid off in this environment.

19 posted on January 26, 2015 at 6:55:40 PM EST by Palio di Siena[ Post Reply | Private Reply | To 1 | View Replies]To: LibloatherWhat proportion of their workforce is still in the US? I don’t think they have many actual worker bees left here.

Naturally, there is headquarters, but you can’t very well scrap finance and HR completely, far less the executive suite.

20 posted on January 26, 2015 at 6:57:49 PM EST by proxy_user[ Post Reply | Private Reply | To 1 | View Replies]To: Palio di SienaThe H1Bs will no doubt be spared. After the bloodletting, how many more will “magically” appear and be immediately needed?

21 posted on January 26, 2015 at 6:59:14 PM EST by wally_bert (There are no winners in a game of losers. I'm Tommy Joyce, welcome to the Oriental Lounge.)[ Post Reply | Private Reply | To 19 | View Replies]To: Libloatherhttp://money.cnn.com/2015/01/26/technology/ibm-layoffs/

IBM is denying, but does say there will be some. I think Bloomberg says 10K

22 posted on January 26, 2015 at 7:00:14 PM EST by NoNAIS (Yet another Government program not needed.)[ Post Reply | Private Reply | To 1 | View Replies]To: wally_bertThe Lotus Notes/Domino division will somehow stay alive.Maybe they can use that knowledge in their new jobs at Mickey D's.

Imagine running a cash register with a Notes mentality. Replication, location management, corrupt or missing ID file, bad .INI’s, local versus network, turn on different advanced menus to every common function. The list of disasters is endless.

31 posted on January 26, 2015 at 7:08:52 PM EST by wally_bert (There are no winners in a game of losers. I'm Tommy Joyce, welcome to the Oriental Lounge.)[ Post Reply | Private Reply | To 23 | View Replies]To: VanDeKoikThe good news is that the unemployment numbers will go down!

32 posted on January 26, 2015 at 7:09:09 PM EST by rwoodward ("god, guns and more ammo")[ Post Reply | Private Reply | To 2 | View Replies]To: onyxThank God in Heaven, I started a new job today after a year of no income.

33 posted on January 26, 2015 at 7:09:15 PM EST by mylife[ Post Reply | Private Reply | To 14 | View Replies]To: sphinxSo how many people does Obama need to drop out of the labor force entirely to offset this?zer0 will but them all on welfare so it doesn't show up on the unemployment stats.

34 posted on January 26, 2015 at 7:09:24 PM EST by Vaquero (Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you.)[ Post Reply | Private Reply | To 12 | View Replies]To: OliviaforeverThey revolutionized the world.

For a while.

35 posted on January 26, 2015 at 7:11:29 PM EST by mylife[ Post Reply | Private Reply | To 27 | View Replies]To: BwanaNdegeIn my case very much but it’s days are numbered.

Notes on citrix clients isn’t too bad but on a laptop with all the custom modifications to make it work is often another story.

Supporting notes has been an eye opening experience. Nothing I’ve run into begins to compare to it in terms of being awful and seemingly badly designed and made worse.

36 posted on January 26, 2015 at 7:12:26 PM EST by wally_bert (There are no winners in a game of losers. I'm Tommy Joyce, welcome to the Oriental Lounge.)[ Post Reply | Private Reply | To 30 | View Replies]To: Libloather“The Crisis is Over.”

37 posted on January 26, 2015 at 7:15:38 PM EST by Varsity Flight (Extortion-Care is is the Government Work-Camp: Arbeitsziehungslager)[ Post Reply | Private Reply | To 1 | View Replies]To: outpostinmass2Burlington Vermont is still a big operation. Fishkill ny is a ghost town.Both sites were sold to GlobalFoundries. They are waiting regulatory approval for the deal to be final. I work at BTV and can't wait for the deal to go through.

39 posted on January 26, 2015 at 7:16:06 PM EST by mylife[ Post Reply | Private Reply | To 36 | View Replies]To: mylifeI have to give Excel it’s due. It is a really great piece of software. I wished I was an Excel guru but I work around a few.

40 posted on January 26, 2015 at 7:17:10 PM EST by wally_bert (There are no winners in a game of losers. I'm Tommy Joyce, welcome to the Oriental Lounge.)[ Post Reply | Private Reply | To 39 | View Replies]To: wally_bertI spent a few months back about 1997 working on becoming a Notes programmer. Thankfully, our Engineering Services department had a better offer for me.

43 posted on January 26, 2015 at 7:21:33 PM EST by mylife[ Post Reply | Private Reply | To 40 | View Replies]To: JohnnyPIBM...Showed up for work in Dallas, was told to take next flight to Atlanta. Showed them the “no travel” clause in my employment contract and told them KMA.

Best decision I ever made. Made a very good living fixing their H-1B visa guy’s screw-ups. And didn’t have to teach or train any H-1B visa guys either.

Other than that, IBM software and applications been very very good for my career.

Mickey D’s, never worked for them, but I learned to sprechen sie Tex-Mex there.

44 posted on January 26, 2015 at 7:23:21 PM EST by Texicanus (Texas, it's like a whole 'nother country.)[ Post Reply | Private Reply | To 25 | View Replies]To: LibloatherThis must be what is driving the Kenyan’s Gallup Approval numbers up over 50%.

45 posted on January 26, 2015 at 7:24:44 PM EST by FlingWingFlyer (When the hell do I get MY white privilege? I'm tired of busting my @$$ for a living.)[ Post Reply | Private Reply | To 1 | View Replies]To: BwanaNdegeMy company uses it exclusively. The databases are huge and we must access them on and off-line.

You won’t believe this .. I use a spreadsheet that’s 22 years old and yes it was made for Windows. Installed in 1993. Launch it daily to do my simple business accounting.

Anyone want to venture a guess? Made by Borland.

47 posted on January 26, 2015 at 7:26:41 PM EST by George from New England (escaped CT in 2006, now living north of Tampa)[ Post Reply | Private Reply | To 30 | View Replies]To: mylifeEXCEL is great especially working with Apache POI to programmatically manipulate spreadsheets.

49 posted on January 26, 2015 at 7:31:01 PM EST by Arm_Bears (Rope. Tree. Politician. Some assembly required.)[ Post Reply | Private Reply | To 29 | View Replies]Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

ASHINGTON (MarketWatch) — The number of people who applied for unemployment benefits topped the 300,000 mark in early February for the fourth time in the past six weeks, a sign that the pace of layoffs is starting to level off after an extended decline.

Initial jobless claims increased by 25,000 to 304,000 in the seven days from Feb 1 to Feb. 7, the Labor Department said Thursday. Economists polled by MarketWatch had expected claims to rise to a seasonally adjusted 296,000.

Federal Reserve Chair Janet Yellen said Tuesday at a Senate Banking Committee hearing that the U-6 unemployment rate--which includes people who are working part-time for economic reasons and those who are marginally attached to the labor force--“definitely shows a less rosy picture” of employment in the country.

People "marginally attached" to the labor force "are those who currently are neither working nor looking for work but indicate that they want and are available for a job and have looked for one work sometime in the past 12 months."

In January, according to the Bureau of Labor Statistics, the "U-3" unemployment rate, which is the one generally reported, was 5.7 percent. U-6 was 11.3 percent.

After rising just over a decade ago to its highest level ever, the nation's home ownership rate fell to match its all-time low and could drop even further in the months to come.

In the second quarter of this year, the rate fell to 62.9 percent, not seasonally adjusted, which is the same as it was in 1965, when the U.S. Census started tracking the metric. During the epic housing boom in the mid-2000s, the rate soared as high as 69.2 percent. That was when politicians touted the so-called "ownership society."

That slender black fella who resides on Pennsylvania Avenue sure owns the fuck out of your feeble mind.

I've been saying this for years...have you seen all of my ass-kicking threads??......unemployment at 4.9%...and SC still has the nerve to say the economy is bad.......its embarassing how feeble his mind is

I've been saying this for years...have you seen all of my ass-kicking threads??......unemployment at 4.9%...and SC still has the nerve to say the economy is bad.......its embarassing how feeble his mind is

He shits all over the GOP. Jobs, healthcare, terrorists killed. Nuclear deal with Iran. He could have gone much further left for my liking, but he's the best since FDR and in the upper echelon of ATG Presidents.

Index rises to +138, highest since +147 in September 2000Hike is latest in 98-point rise since February 2016

68% optimistic about stock market -- tied for highest percentage on recordWASHINGTON, D.C. -- A new surge of optimism among U.S. investors has pushed the Wells Fargo/Gallup Investor and Retirement Optimism Index to its highest level since September 2000. The index, after rising in every quarter since the start of 2016, leveled off in the second quarter at +124 before rising to its current +138 in the third quarter.

U.S. Investor Optimism, 1996-2017The latest boost in optimism pushes the index almost 100 points higher than the +40 score measured in February 2016. The 98-point hike over the past 18 months is the largest increase in the 20-year history of the index that is not a rebound immediately after a major drop in optimism.

The results come from a July 28-Aug. 6 Wells Fargo/Gallup Investor and Retirement Optimism Index survey of U.S. investors with $10,000 or more invested in stocks, bonds or mutual funds. The seven items that constitute the index include three on personal finances (meeting long-term investment goals, meeting short-term investment goals and maintaining income) and four on the economy (economic growth, the stock market, unemployment and inflation). The survey was in the field as the Dow Jones industrial average approached, then surpassed, the 22,000-point milestone for the first time.

Conduct a SurveyUse our surveys to gather customized national or global data for your research project.

Learn moreInvestors' Optimism About Stock Market Matches 1999-2000 Record High

One of the key factors in the robust third-quarter index is investors' growing confidence in the stock market.